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SKILLINGS MINING MM
PUBLISHED EVERY SATURDAY MORNING
fTfflTfffnt^ftfffrTlftV ■
VOLUME X. No. 35
DULUTH, MINNESOTA, JANUARY 14, 1922.
Copyright, 1821, by
Skillings' Mining Review.
BUTTE MINES TO BEGIN
HOISTING ORE MONDAY-
MINERS SCARCE AND SLOW
PRODUCTION AT THE START j
(Special to Skillings' Mining Review.)
Butte, Mont.—The four mines of the Anaconda Copper Co. to resume operation Jan. 16
are the Badger State, Mountain View, Mountain Consolidated and Leonard. The actual
hoisting of ore will begin next Monday, and
the smelters at Great Falls and Anaconda will
be ready to receive the ores.
Butte & Superior was the first company to
begin hiring men for the resumption of operations at its mine, and already is hoisting
ore. The Anaconda company has decided to
purchase from Butte & Superior concentrates
equal to 6,000,000 to 7,000,000 pounds zinc each
month.
Early resumption of North Butte, Davis-
Daly, East Butte and Tuolumne is expected.
Every company in the district is preparing to
open its properties. Naturally there is a
shortage of miners, as most of the mines have
been shut down from 10 months to more than
a year.
Officials of the Anaconda company do not
expect that sufficient miners of experience
will be available to operate the mines to capacity for several months, but in the meantime
every man who is a miner will be given work,
and as sufficient men appear, additional mines
will be opened. At present approximately
2500 practical miners are available for work
in the district and at least 13,000 more would
be required to work the mines to capacity.
Officials of the Anaconda companv expect to
be producing around 5 000.000 pounds of copDer
a month by the middle of February, about 20%
of the company's capacity, and it is also expected that it will be producing 8,500,000 to
9.000,000 pounds of zinc monthly. The average capacity of the Anaconda company's con-
per production is 25.000,000 pounds a month,
though this could be increased to 30,000,000.
COPPER METAL SITUATION
The resumption of production by the copper companies will be leisurely. It is not so
much a matter of surplus metal now as low
consumption. If there were normal demand
for the metal now, the mines would be started
up promptly.
The average year-end stocks of metal for
five years prior to the war were 363,000,000
pounds, and at the end of 1921 the stocks totaled 493,000,000 pounds, not counting the export association metal. This leaves an apparent unsold surplus of 130,000,000 pounds above
the average year-end stocks, and which represents about one month's supply at the rate
the metal has been moving during much of the
time for the past five months. Some authorities figure this surplus at 200,000,000, and even
more.
Germany took more than 200,000,000 pounds
of American copper in 1921, which is a remarkable come-back since the war. Germany took
but 1.478,200 pounds in 1919 and less than 80,-
000,000 in 1920. France and England have
fallen behind in their demand for American
copper, and Japan, while still a good customer,
has fallen back. Germany is the big outstanding foreign customer for American copper in
1921.
■■•■■■■•■■••■••■•■i
•■■■■■•■■■■•••I
DEATH CLAIMS A. B. COATES
OF VIRGINIA, MINN., AND
SORROW IS WIDESPREAD-
MAN OF METEORIC CAREER
■•■•**■■■«•*••■•■•>* >•■•••■»•■ *>••>•« ■■■••■•«•••■••■■>•••■*)(>•••••••■••■
'Albert Benjamin Coates of Virginia, Minn.,
of the independent iron mining and exploration
firm of Coates & Tweed, died at Orlando, Florida, at 3 p. m., Tuesday, Jan. 10, at the age of
52. The news was known in his home town
and Duluth by telegraph a short time later.
The death of Mr. Coates was not unexpected.
He was a victim of cancer, a malady which
thus far has baffled medical science.
At the bedside of Mr. Coates, when the end
came, were Mrs. Martha Reed Coates, his wife;
their daughter Betty, aged 11; their son Albert,
aged 18, a student at Exeter, Mass., and Mr.
Coates' sister, Mrs. H. A. Way, of Cleveland.
THE LATE ALBERT B. COATES
George P. Tweed, of Duluth, arrived at Orlando
several days before the passing of his business
partner. He returned to Duluth Friday.
The body of the late Albert B. Coates will
arrive in Duluth over the Northwestern railroad at 8:30 a. m. Saturday, Jan. 14. A special
train will take it and the bereaved family to
Virginia over the Duluth, Missabe & Northern.
The funeral services will be held Sunday.
There will be private services at the Coates
home at 2:30 p. m., and public services at Odd
Fellows Hall at 3 o'clock, Rev. Dr. L. W.
Gade of the Presbyterian church and Rev. Mr.
Ward of the Episcopal church officiating. Interment will be in Greenwood cemetery, beside
(Continued on page 11)
RAILROAD BUYING MEANS
MUCH TO STEEL INDUSTRY-
PROSPERITY PROSPECTS
FOR NEW YEAR RELY ON IT I
Reports continue conflicting as to the probable importance of railroad orders in stimulating the iron and steel industry and helping to
restore prosperity during the present year. Inasmuch as the railroad buying in 1920 represented only 15% of steel orders, and was less
than that in 1921, the theory that this year may
witness greatly increased orders from the railroads seems reasonable. Much depends on the
ability of the railroads to finance their requirements. The crop prospects for this year are
considered good, and if this condition continues favorable it will have influence upon railroad buying.
Chicago reports give encouragement as to
car orders. Orders for 25,000 freight cars are
to be placed early this year in that district.
The importance of this is best understood
when it is stated that the freight car demand
for the entire country last year was only 20,-
667. The number of new locomotives delivered
in 1921 was the smallest since a record of
such statistics has been kept, 241 for domestic
service.
Rail contracts for 1922 delivery are said to
approximate 400,000 tons, and numerous large
tonnages are reported under negotiation.
In normal times the railroads are the best
customers of the steel industry. The expansion of operations in the iron and steel industry, relies much upon the railroads, and the
railroads, in turn rely much upon the steel
industry for freight earnings.
An order for 13,000 tons of steel rails for
Japan will be rolled by the Tennessee Coal,
Iron & Railroad Co. The Louisville & Nashville railroad has placed 48,000 tons of rails
with the Tennessee company. The Pennsylvania railroad has iust distributed 80,000 tons
of rails for first half year delivery, among
Carnegie Steel 40,000 tons, Cambria 18,000
tons, Bethlehem 18,000 tons and Lackawanna
4,000 tons. Its second half year orders are still
to be placed.
Altogether about 400,000 tons of rails have
been booked for domestic delivery in 1922 while
about 500,000 tons more are expected. The
Seaboard Airline railroad has placed 2,000 cars
with the Chickasaw company at Birmingham.
UNFILLED STEEL TONNAGE
Increase Shoivn as of Dec. 31
Contrary to general expectations, the unfilled
tonnage report of the Steel Corporation as of
Dec. 31 has shown an increase, instead of a
decrease. The increase as compared with Nov.
30 was 17,872 tons. The unfilled tonnage as
of Dec. 31 was 4,268,414 tons as compared with
4,250,542 tons on Nov. 30, and 8,148,122 tons
on Dec. 31, 1920.
MILLS ON FULL TIME
Mills of Goodyear Tire & Rubber Co., at
Goodyear, Conn., are to operate on full time
schedule, the first time in two years. Over 1,000
hands will soon be working on day and night
shifts.

SKILLINGS MINING MM
PUBLISHED EVERY SATURDAY MORNING
fTfflTfffnt^ftfffrTlftV ■
VOLUME X. No. 35
DULUTH, MINNESOTA, JANUARY 14, 1922.
Copyright, 1821, by
Skillings' Mining Review.
BUTTE MINES TO BEGIN
HOISTING ORE MONDAY-
MINERS SCARCE AND SLOW
PRODUCTION AT THE START j
(Special to Skillings' Mining Review.)
Butte, Mont.—The four mines of the Anaconda Copper Co. to resume operation Jan. 16
are the Badger State, Mountain View, Mountain Consolidated and Leonard. The actual
hoisting of ore will begin next Monday, and
the smelters at Great Falls and Anaconda will
be ready to receive the ores.
Butte & Superior was the first company to
begin hiring men for the resumption of operations at its mine, and already is hoisting
ore. The Anaconda company has decided to
purchase from Butte & Superior concentrates
equal to 6,000,000 to 7,000,000 pounds zinc each
month.
Early resumption of North Butte, Davis-
Daly, East Butte and Tuolumne is expected.
Every company in the district is preparing to
open its properties. Naturally there is a
shortage of miners, as most of the mines have
been shut down from 10 months to more than
a year.
Officials of the Anaconda company do not
expect that sufficient miners of experience
will be available to operate the mines to capacity for several months, but in the meantime
every man who is a miner will be given work,
and as sufficient men appear, additional mines
will be opened. At present approximately
2500 practical miners are available for work
in the district and at least 13,000 more would
be required to work the mines to capacity.
Officials of the Anaconda companv expect to
be producing around 5 000.000 pounds of copDer
a month by the middle of February, about 20%
of the company's capacity, and it is also expected that it will be producing 8,500,000 to
9.000,000 pounds of zinc monthly. The average capacity of the Anaconda company's con-
per production is 25.000,000 pounds a month,
though this could be increased to 30,000,000.
COPPER METAL SITUATION
The resumption of production by the copper companies will be leisurely. It is not so
much a matter of surplus metal now as low
consumption. If there were normal demand
for the metal now, the mines would be started
up promptly.
The average year-end stocks of metal for
five years prior to the war were 363,000,000
pounds, and at the end of 1921 the stocks totaled 493,000,000 pounds, not counting the export association metal. This leaves an apparent unsold surplus of 130,000,000 pounds above
the average year-end stocks, and which represents about one month's supply at the rate
the metal has been moving during much of the
time for the past five months. Some authorities figure this surplus at 200,000,000, and even
more.
Germany took more than 200,000,000 pounds
of American copper in 1921, which is a remarkable come-back since the war. Germany took
but 1.478,200 pounds in 1919 and less than 80,-
000,000 in 1920. France and England have
fallen behind in their demand for American
copper, and Japan, while still a good customer,
has fallen back. Germany is the big outstanding foreign customer for American copper in
1921.
■■•■■■■•■■••■••■•■i
•■■■■■•■■■■•••I
DEATH CLAIMS A. B. COATES
OF VIRGINIA, MINN., AND
SORROW IS WIDESPREAD-
MAN OF METEORIC CAREER
■•■•**■■■«•*••■•■•>* >•■•••■»•■ *>••>•« ■■■••■•«•••■••■■>•••■*)(>•••••••■••■
'Albert Benjamin Coates of Virginia, Minn.,
of the independent iron mining and exploration
firm of Coates & Tweed, died at Orlando, Florida, at 3 p. m., Tuesday, Jan. 10, at the age of
52. The news was known in his home town
and Duluth by telegraph a short time later.
The death of Mr. Coates was not unexpected.
He was a victim of cancer, a malady which
thus far has baffled medical science.
At the bedside of Mr. Coates, when the end
came, were Mrs. Martha Reed Coates, his wife;
their daughter Betty, aged 11; their son Albert,
aged 18, a student at Exeter, Mass., and Mr.
Coates' sister, Mrs. H. A. Way, of Cleveland.
THE LATE ALBERT B. COATES
George P. Tweed, of Duluth, arrived at Orlando
several days before the passing of his business
partner. He returned to Duluth Friday.
The body of the late Albert B. Coates will
arrive in Duluth over the Northwestern railroad at 8:30 a. m. Saturday, Jan. 14. A special
train will take it and the bereaved family to
Virginia over the Duluth, Missabe & Northern.
The funeral services will be held Sunday.
There will be private services at the Coates
home at 2:30 p. m., and public services at Odd
Fellows Hall at 3 o'clock, Rev. Dr. L. W.
Gade of the Presbyterian church and Rev. Mr.
Ward of the Episcopal church officiating. Interment will be in Greenwood cemetery, beside
(Continued on page 11)
RAILROAD BUYING MEANS
MUCH TO STEEL INDUSTRY-
PROSPERITY PROSPECTS
FOR NEW YEAR RELY ON IT I
Reports continue conflicting as to the probable importance of railroad orders in stimulating the iron and steel industry and helping to
restore prosperity during the present year. Inasmuch as the railroad buying in 1920 represented only 15% of steel orders, and was less
than that in 1921, the theory that this year may
witness greatly increased orders from the railroads seems reasonable. Much depends on the
ability of the railroads to finance their requirements. The crop prospects for this year are
considered good, and if this condition continues favorable it will have influence upon railroad buying.
Chicago reports give encouragement as to
car orders. Orders for 25,000 freight cars are
to be placed early this year in that district.
The importance of this is best understood
when it is stated that the freight car demand
for the entire country last year was only 20,-
667. The number of new locomotives delivered
in 1921 was the smallest since a record of
such statistics has been kept, 241 for domestic
service.
Rail contracts for 1922 delivery are said to
approximate 400,000 tons, and numerous large
tonnages are reported under negotiation.
In normal times the railroads are the best
customers of the steel industry. The expansion of operations in the iron and steel industry, relies much upon the railroads, and the
railroads, in turn rely much upon the steel
industry for freight earnings.
An order for 13,000 tons of steel rails for
Japan will be rolled by the Tennessee Coal,
Iron & Railroad Co. The Louisville & Nashville railroad has placed 48,000 tons of rails
with the Tennessee company. The Pennsylvania railroad has iust distributed 80,000 tons
of rails for first half year delivery, among
Carnegie Steel 40,000 tons, Cambria 18,000
tons, Bethlehem 18,000 tons and Lackawanna
4,000 tons. Its second half year orders are still
to be placed.
Altogether about 400,000 tons of rails have
been booked for domestic delivery in 1922 while
about 500,000 tons more are expected. The
Seaboard Airline railroad has placed 2,000 cars
with the Chickasaw company at Birmingham.
UNFILLED STEEL TONNAGE
Increase Shoivn as of Dec. 31
Contrary to general expectations, the unfilled
tonnage report of the Steel Corporation as of
Dec. 31 has shown an increase, instead of a
decrease. The increase as compared with Nov.
30 was 17,872 tons. The unfilled tonnage as
of Dec. 31 was 4,268,414 tons as compared with
4,250,542 tons on Nov. 30, and 8,148,122 tons
on Dec. 31, 1920.
MILLS ON FULL TIME
Mills of Goodyear Tire & Rubber Co., at
Goodyear, Conn., are to operate on full time
schedule, the first time in two years. Over 1,000
hands will soon be working on day and night
shifts.